Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS |
Subtitle B. LOANS AND FINANCED TRANSACTIONS |
Chapter 348. MOTOR VEHICLE INSTALLMENT SALES |
Subchapter A. GENERAL PROVISIONS |
Sec. 348.004. CASH PRICE
Latest version.
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(a) The cash price is the price at which the retail seller offers in the ordinary course of business to sell for cash the goods or services that are subject to the transaction. An advertised price does not necessarily establish a cash price.
(b) The cash price does not include any finance charge.
(c) At the retail seller's option, the cash price may include:
(1) the price of accessories;
(2) the price of services related to the sale;
(3) the price of service contracts;
(4) taxes; and
(5) fees for license, title, and registration.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2009, 81st Leg., R.S., Ch. 676 , Sec. 4, eff. September 1, 2009.